Category: News

Canadians received their last Canada Carbon Rebate (CCR) payment starting April 22, 2025. Following this payment, the CCR program has now been discontinued.  This decision followed the official abolishment of the federal carbon pricing system (also known as the carbon…

Last month, CRA announced to hold off filing returns if you have 2024 capital gains to report, needing more time to update systems for the capital gains inclusion rate reversal. To compensate, the late filing penalty and interest is waived,…

April is a busy month not just for settling tax obligations but also for government payments. Here's a breakdown of important dates to keep in mind: April 4, 2025 — the second GST/HST Tax Credit you can get this year …

To recall that the Canadian government first announced the revised capital gains inclusion rate (50% and 66.67% for gains over $250,000) on April 16, 2024, Federal Budget. Whether this would be implemented or not was in limbo—up until January 31,…

On December 14, 2024, Canadians received encouraging news as they welcomed the new year: a temporary GST/HST tax relief lasting until February 14, 2025. The relief came just in time for the winter shopping season.  During this two-month period, Canadians…

The future of Canada’s capital gains tax changes remains uncertain as the federal government’s proposed increase to the capital gains inclusion rate has yet to be officially passed into law. While the government has announced a plan to alter tax…